Samalin Investment Counsel LLC Has $305,000 Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Samalin Investment Counsel LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,450 shares of the company’s stock after purchasing an additional 191 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Invesco NASDAQ 100 ETF were worth $305,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its stake in Invesco NASDAQ 100 ETF by 26,756.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after purchasing an additional 6,174,281 shares in the last quarter. First Command Advisory Services Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 0.8% in the fourth quarter. First Command Advisory Services Inc. now owns 4,852,917 shares of the company’s stock worth $1,021,296,000 after purchasing an additional 37,600 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in Invesco NASDAQ 100 ETF by 30.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after buying an additional 713,000 shares in the last quarter. Meitav Investment House Ltd. raised its position in Invesco NASDAQ 100 ETF by 12.7% in the 4th quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock valued at $376,669,000 after buying an additional 201,737 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $374,557,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $198.01 on Monday. The stock has a market cap of $39.32 billion, a PE ratio of 30.79 and a beta of 1.18. The firm’s 50-day simple moving average is $210.52 and its 200 day simple moving average is $207.66. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.